Legal proceedings
When a company is faced with a seizure or judgment, there are still ways to avoid the worst. A licensed insolvency trustee can suspend the seizure until the assets have been sold, and take steps to relieve the financial pressure.
A proposal can also reduce unsecured debts by reaching an agreement with creditors. In a fragile cash-flow situation, it’s crucial to react quickly to avoid legal costs that are difficult to assume. And if the business is no longer viable, bankruptcy can provide a fresh start. BRESSE can help you assess your options, free of charge, before the situation deteriorates further.
Do you recognize
yourself in this
situation?
Answer the questions to get a clearer picture.
Is your company facing legal action?
Have you been ordered to pay a substantial sum?
Did a bailiff come to your office?
Have any of your assets been seized?
Have you been summoned to a hearing or court appearance?
Possible solutions
Find the best solution
Whatever your company’s situation, there are solutions to lighten your load and restore a more balanced management style. Our teams can support you with services tailored to your needs and objectives. Find out more about our solutions.
Inspiring testimonial
Jonathan’s construction company
“Thanks to Martin and his team. I was taken in hand the same evening I contacted the Bresse team. In barely an hour, Martin streamlined the problem and clearly explained my possible solutions.” Jonathan
Other situations
Debt to government
Progressive indebtedness results from the slow accumulation of debt due to recurring deficits or insufficient financial management, which weakens the company’s financial health.
Lack of liquidity
Liquidity shortages often occur during significant changes such as rapid growth, a market shift, or the loss of a major client. Financial obligations accumulate while available resources decrease.
Decline in sales
A significant drop in revenue compromises a company’s stability. Whether it results from the loss of clients, an economic slowdown, or increased competition, it requires a swift response to minimize the impact.